Here's How Much You Would Have Made Owning Royal Bank of Canada Stock In The Last 20 Years

Royal Bank of Canada (NYSE:RY) has outperformed the market over the past 20 years by 1.82% on an annualized basis producing an average annual return of 9.12%. Currently, Royal Bank of Canada has a market capitalization of $148.17 billion.

Buying $100 In RY: If an investor had bought $100 of RY stock 20 years ago, it would be worth $568.33 today based on a price of $105.68 for RY at the time of writing.

Royal Bank of Canada's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.